Text size

National Insurance Institute reveals large-scale scheme for draining the Pensions Fund

published on 12/16/22 6:37 PM

National Social Security Institute

Photo: BGNES

Bulgaria's National Social Security Institute (NOI) has revealed a large-scale scheme to drain the Pensions Fund. It refers to false documents from closed enterprises, about dozens of people appointed to the same position, about signing employment contracts with dead people.

The most drastic case is related to certificates of the state company Stroimashinengineering, declared bankrupt in 1997, deleted from the registers in 2012 and declared to be the legal successor of another state company. Thus, in the period 2012-2017, more than 350 false applications for granting or recalculating pensions were submitted in the capital with attached employment records and unrealistically high incomes entered in them.

With the disclosure of the scheme, particularly large damages have been prevented, considering the long-term payments, for which several million BGN are needed annually.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News employment National Insurance Fund pensions

More from category

Week starts with snow and freezing temperatures

On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the evening. The minimum temperature will be minus 3°C, around minus 1°C in Sofia, and the maximum will..

published on 4/6/25 6:05 PM

After the fire: Emergency break for students at the National School of Applied Arts in Tryavna

After a fire destroyed the roof of the historic National High School of Applied Arts in Tryavna on Friday morning, students are taking a week-long emergency break. With the help of the fire brigade, civil protection teams and local businesses, the..

published on 4/6/25 5:33 PM

Police continue large-scale inspections of dangerous road sections

The large-scale inspection, carried out by the competent police structures of the National Police Directorate and the regional directorates of the Interior Ministry, will continue next week to get the full picture - where, what and how many are the..

published on 4/6/25 4:01 PM